Corn closes lower, pulls back from 14-month peak
Economies.com
2020-10-28 20:47PM UTC
Corn prices fell on Wednesday, on profit-taking from the 14-month high of $4.22/bushel that was reached on Tuesday.
Corn and soybean futures yesterday were lifted by strong Chinese demand for US farm goods.
Investors are anticipating further Chinese data to determine the amount of Beijing's purchases of US soybean and corn.
The dollar index rose against a basket of currencies by 0.5% to 93.4 points as of 21:32 GMT, after it hit a high of 93.6 and a low of 93.05.
Corn December futures fell 3.4% to $4.01 per bushel, after hitting a high of $4.15 and a low of $4.
Commodities News
Commodities
Gold prices mount to fresh record highs for second straight session
2024-05-20 19:53PM UTC
Gold prices rose on Monday to a fresh record high while the dollar inched up against most main ...
Commodities
Brent hits a two-week high after Iranian President's death, Saudi king's health deterioration
2024-05-20 15:19PM UTC
International benchmark Brent rose in American trade on Monday on track for the fourth profit in a ...
Commodities
Gold scales a fresh record high at $2450
2024-05-20 08:52AM UTC
Gold prices rose in European trade on Friday on track for the second profit in a row, hitting a ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 20-05-2024
2024-05-20 10:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price is facing temporary negative ...
Commodities
Crude oil price forecast update 20-05-2024
2024-05-20 10:41AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price is testing the key support ...
Commodities
Silver price forecast update 20-05-2024
2024-05-20 10:40AM UTC
Silver Price Analysis Expected Scenario Silver price shows some bearish bias now, ...